I Bet You Don’t Know How Much Americans Lost Gambling Last Year

That average American lost $500 gambling, for a total of 119 BILLION DOLLARS. That's BILLION. With a B! To put that in perspective, that's almost the net worth of Bill gates and Waaren Buffet COMBINED.

All together, 80% of all Americans gambled in some fasion. About $300 of that was lost in casinos, and another $100 playing the lottery. The other $100 was lost to "other," like fantasy football, poker with friends and the random "Lindsay Lohan Death" pool(all of which I lost money)...

That's all pretty impressive considering online gambling is still illegal and difficult to do in the United States.

I think the reason people lost so much money was they forgot the advice of Wesley Snipes: